L+M Development Partners was founded in 1984 by Ron Moelis and Sandy Loewentheil, and over the past 40 years has become a leading innovator in developing quality affordable, mixed-income and market-rate housing, while strengthening the neighborhoods in which it works.
L+M Companies, including L+M Development Partners, L+M Fund Management, LMXD, and Sena Affordable Communities, is a nationally recognized developer delivering high-quality, affordable, mixed-income, and workforce housing in high-growth metro areas.
Guided by a shared mission, “working together to build stronger communities,” L+M Companies has managed approximately $25 billion in development and investment activity and overseen the construction and rehabilitation of more than 66,000 apartments nationwide.
In 2026, L+M Companies announced the appointments of Eben Ellertson as its Chief Executive Officer and Carrie Van Syckel as its President and Chief Investment Officer. The longtime L+M leaders will guide the company’s next chapter of growth, building on a 40-year track record and expanding its affordable and mixed-income housing platform across New York City and nationwide.
A core principle at L+M is that affordable housing goes hand in hand with social responsibility. We take pride in our long-standing dedication to the communities we serve and look to build relationships with exceptional organizations that are supporting their communities. L+M remains committed to fostering economically diverse communities in a variety of urban markets nationwide. To read more about our impact, click here.